Insiders at Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) sold US$2.0m worth of stock, possibly indicating weakness in the future
In the past year many have Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) Insiders sold a significant stake in the company, which may have caught the attention of shareholders. When evaluating insider transactions, it is usually more beneficial to know whether insiders are buying or selling, as the latter can be subject to many interpretations. However, shareholders should take a closer look when multiple insiders sell shares over a period of time.
While insider deals aren’t the most important thing when it comes to long-term investing, we think it makes perfect sense to keep an eye on insider activity.
Check out our latest analysis for Apollo Commercial Real Estate Finance
The last 12 months of Insider Trading at Apollo Commercial Real Estate Finance
The insider’s biggest single sale in the past twelve months was when director Eric Press sold $ 1.5 million of shares at $ 15.17 per share. So it’s clear that an insider wanted to take some cash off the table, even slightly below the current price of $ 15.40. In general, we think it is daunting for insiders to sell below current price as it suggests they were happy with a lower valuation. Please note, however, that sellers can sell for a variety of reasons, so we are not sure what to think of the stock price. It’s worth noting that this sale represented only 31% of Eric Press’s stake.
Apollo Commercial Real Estate Finance insiders haven’t bought any shares in the past year. You can see insider transactions (by companies and individuals) over the past year in the graph below. If you want to know exactly who sold how much when, just click on the graphic below!
NYSE: ARI Insider Trading Volume August 12, 2021
If you’re buying stocks that insiders are buying instead of selling, then maybe you will love this free List of companies. (Note: Insiders bought them).
Apollo Commercial Real Estate Finance insiders recently sold stocks
There have been significant insider selling at Apollo Commercial Real Estate Finance in the past three months. In total, Independent Director Robert Kasdin has sold shares valued at $ 221,000 during that time, and we have not seen any purchases. This could suggest that some insiders think the stocks aren’t cheap.
Does Apollo Commercial Real Estate Finance have high insider ownership?
For a common stockholder, it is worth checking how many shares are held by company insiders. The higher the insider share, the more likely it is that insiders have an incentive to build the company over the long term. According to our data, insiders own 0.4% of Apollo Commercial Real Estate Finance shares valued at approximately $ 8.8 million. But they may have an indirect interest through a corporate structure that we did not address. While they are better than nothing, we are not particularly impressed with these stocks.
What do the Apollo Commercial Real Estate Finance Insider Transactions show?
An insider recently sold but not bought stocks. If you look at the last twelve months, our data shows no insider buying. But since Apollo Commercial Real Estate Finance is profitable and growing, we don’t worry too much about that. Insiders own relatively few stocks in the company, and if you look at the sales, we’re not particularly keen on the stock. We would certainly exercise some caution before buying! While we like to know what happens to insiders’ property and transactions, we make sure we also consider the risks a stock is exposed to before making any investment decision. To help with this, we discovered 3 warning signs (2 Don’t Sit Down Too Well With Us!) Things You Should Know Before Buying Apollo Commercial Real Estate Finance Stock.
But be careful: Apollo Commercial Real Estate Finance may not be the best stock to buy. So check this out free List of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are persons who report their transactions to the competent supervisory authority. We currently account for open market transactions and private dispositions, but no derivative transactions.
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This article from Simply Wall St is of a general nature. We only provide comments based on historical data and analyst projections using an unbiased methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your goals or your financial situation. Our goal is to provide you with long-term, focused analysis based on fundamentals. Note that our analysis may not take into account the latest company announcements or quality material, which may be sensitive to the price. Simply Wall St has no position in the stocks mentioned.
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